Crude Oil News

Strike action by 50 offshore workers active on five BP oil and gas platforms in the North Sea has been...

Asian crude prices Tuesday were sharply higher after the recovery in Brent, with concerns over the banking sector...

Norway's crude oil output reached 1.776 million bpd in February, the Norwegian Petroleum Directorate...

Venezuela's oil minister has resigned as the as an investigation into corruption claims at the state-oil company...

Crude oil futures Monday were slightly weaker but off from the lows as the banking crisis entered a second week...

Frontline crude futures were broadly stable day on day by the cash market close, but the June/July...

Brazil's refinery output slumped 17% on the month in January to a 21-month low of around 1.73 million bpd, despite...

Goldman Sachs has cut its forecast for Brent for 12 months ahead by 6% to $94/b after crude...

The banking crisis entered into a second week Monday, with contagion again spilling over into the commodities sector...

A further two French refineries were expected to shut Monday or severely reduce operating rates...

Russia was China's biggest supplier of crude oil in the first two months of the year, with refiners picking up...

he Brent/Dubai cash spread crunched to a six-month low Monday, as Asian markets were seen more resilient in the face of the banking crisis...

Revenues at Vitol jumped 81% last year as energy markets soared following the war in Ukraine...

Around 1400 oil and gas workers in the UK Continental Shelf have agreed to take strike action..

The Kuwait Oil Company has declared a "state of emergency" on following an oil spill, but said there had been no reports of...

Asian crude prices Monday after a further slump in western benchmarks since the previous Asian settle, generally...

Investors rapidly exited bullish positions on ICE Brent last week as a banking crisis that started...

North American drilling activity was higher the week ending 17 March, breaking the four-week run of lower counts...

Crude oil futures Friday were again coming under strong downward pressure as the support package agreed...

Crude futures racked up further losses Friday as concerns over the global banking system persisted...